Silgan Declares Quarterly Dividend

Rhea-AI Summary

Silgan Holdings Inc. (NYSE:SLGN) declared a quarterly cash dividend of $0.16 per share, payable on September 15, 2022, to shareholders of record as of September 1, 2022. This marks the company's 74th consecutive quarterly dividend since 2004. Silgan, a leading supplier of sustainable rigid packaging solutions with annual net sales of approximately $5.7 billion in 2021, operates 113 manufacturing facilities globally. The company specializes in dispensing closures and metal containers for various consumer products.

Positive

• Quarterly dividend of $0.16 signifies ongoing shareholder returns.
• Company has increased dividends for 74 consecutive quarters, indicating financial stability.
• Annual net sales of approximately $5.7 billion in 2021 shows strong market presence.

Negative

• None.

STAMFORD, Conn.--(BUSINESS WIRE)-- Silgan Holdings Inc. (NYSE:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.16 per share quarterly cash dividend payable on September 15, 2022 to the holders of record of common stock of the Company on September 1, 2022. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for seventy-four consecutive quarters since 2004.

Silgan is a leading supplier of sustainable rigid packaging solutions for consumer goods products with annual net sales of approximately $5.7 billion in 2021. Silgan operates 113 manufacturing facilities in North and South America, Europe and Asia. The Company is a leading worldwide supplier of dispensing and specialty closures for food, beverage, health care, garden, home, personal care, fragrance and beauty products. The Company is also a leading supplier of metal containers in North America and Europe for food and general line products. In addition, the Company is a leading supplier of custom containers for shelf-stable food and personal care products in North America.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220803005677/en/

Robert B. Lewis

(203) 406-3160

Source: Silgan Holdings Inc.

FAQ

What is the dividend amount declared by Silgan Holdings Inc. for September 2022?

Silgan Holdings Inc. declared a quarterly cash dividend of $0.16 per share.

When is the dividend payable for Silgan Holdings Inc.?

The dividend is payable on September 15, 2022.

What is the record date for the dividend payment from Silgan Holdings Inc.?

The record date for the dividend payment is September 1, 2022.

How many consecutive quarters has Silgan Holdings Inc. increased its dividend?

Silgan Holdings Inc. has increased its dividend for 74 consecutive quarters.

What are the total annual net sales for Silgan Holdings in 2021?

Silgan Holdings reported annual net sales of approximately $5.7 billion in 2021.